COSCO-PSA to invest in new Singapore berths

COSCO-PSA Terminal (CPT), a joint venture company between COSCO Pacific and PSA, is investing in new container berths in Singapore capable of serving the next generation of mega container vessels.

CPT was inaugurated in 2003 to establish a joint venture terminal at PSA’s Pasir Panjang Terminal (PPT) Phase 1.

Hoping to stay ahead of evolving industry needs, CPT will move from its current two-berth terminal to three new mega berths at PPT’s Phases 3 and 4.